Hydreight Technologies Stock Performance
| NURS Stock | 2.37 0.07 3.04% |
Hydreight Technologies holds a performance score of 25 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 3.0, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Hydreight Technologies will likely underperform. Use Hydreight Technologies coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to analyze future returns on Hydreight Technologies.
Risk-Adjusted Performance
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Hydreight Technologies are ranked lower than 25 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Hydreight Technologies showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Hydreight Technologies Reports Robust Growth in 2024 - TipRanks | 10/24/2024 |
2 | Were Hopeful That Hydreight Technologies Will Use Its Cash Wisely - Yahoo Finance | 11/22/2024 |
3 | Hydreight Updates on VSDHOne Revolutionizing Direct-to-Consumer Healthcare Across All 50 States - Marketscreener.com | 12/16/2024 |
4 | Hydreight Technologies Hits Record 6.12M Revenue, Launches Nationwide Telemedicine Platform - StockTitan | 01/09/2025 |
| Begin Period Cash Flow | 2.4 M |
Hydreight |
Hydreight Technologies Relative Risk vs. Return Landscape
If you would invest 49.00 in Hydreight Technologies on October 18, 2024 and sell it today you would earn a total of 188.00 from holding Hydreight Technologies or generate 383.67% return on investment over 90 days. Hydreight Technologies is generating 3.0121% of daily returns assuming 9.1806% volatility of returns over the 90 days investment horizon. Simply put, 81% of all stocks have less volatile historical return distribution than Hydreight Technologies, and 40% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Hydreight Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hydreight Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hydreight Technologies, and traders can use it to determine the average amount a Hydreight Technologies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.3281
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Estimated Market Risk
| 9.18 actual daily | 81 81% of assets are less volatile |
Expected Return
| 3.01 actual daily | 60 60% of assets have lower returns |
Risk-Adjusted Return
| 0.33 actual daily | 25 75% of assets perform better |
Based on monthly moving average Hydreight Technologies is performing at about 25% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hydreight Technologies by adding it to a well-diversified portfolio.
Hydreight Technologies Fundamentals Growth
Hydreight Stock prices reflect investors' perceptions of the future prospects and financial health of Hydreight Technologies, and Hydreight Technologies fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Hydreight Stock performance.
| Return On Asset | -0.33 | ||||
| Profit Margin | (0.12) % | ||||
| Operating Margin | (0) % | ||||
| Current Valuation | 90.27 M | ||||
| Shares Outstanding | 40.3 M | ||||
| Price To Sales | 6.65 X | ||||
| Revenue | 11.51 M | ||||
| Gross Profit | 5.63 M | ||||
| EBITDA | (1.27 M) | ||||
| Net Income | (1.94 M) | ||||
| Total Debt | 4.43 M | ||||
| Book Value Per Share | (0.05) X | ||||
| Cash Flow From Operations | (402.18 K) | ||||
| Earnings Per Share | (0.03) X | ||||
| Total Asset | 2.6 M | ||||
| Retained Earnings | (8.73 M) | ||||
About Hydreight Technologies Performance
Evaluating Hydreight Technologies' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Hydreight Technologies has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Hydreight Technologies has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Hydreight Technologies is entity of Canada. It is traded as Stock on V exchange.Things to note about Hydreight Technologies performance evaluation
Checking the ongoing alerts about Hydreight Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hydreight Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hydreight Technologies is way too risky over 90 days horizon | |
| Hydreight Technologies appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 11.51 M. Net Loss for the year was (1.94 M) with profit before overhead, payroll, taxes, and interest of 5.63 M. | |
| Hydreight Technologies generates negative cash flow from operations | |
| About 65.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Hydreight Technologies Hits Record 6.12M Revenue, Launches Nationwide Telemedicine Platform - StockTitan |
- Analyzing Hydreight Technologies' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Hydreight Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Hydreight Technologies' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Hydreight Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hydreight Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hydreight Technologies' stock. These opinions can provide insight into Hydreight Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Hydreight Stock Analysis
When running Hydreight Technologies' price analysis, check to measure Hydreight Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hydreight Technologies is operating at the current time. Most of Hydreight Technologies' value examination focuses on studying past and present price action to predict the probability of Hydreight Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hydreight Technologies' price. Additionally, you may evaluate how the addition of Hydreight Technologies to your portfolios can decrease your overall portfolio volatility.